Innovation Management Mercosur

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INNOVATION MANAGEMENT

03/13

Innovation Challenges and Knowledge Transfer at the Digital Era

The Light That Guides Us to

Innovate

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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1st Validation

2nd Validation

3rd Validation

ExternalsExternals

Externals

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GES

PROJECTS

The Challenges are our Light

Step 1: Defining Challenges

Step 1: Defining Challenges

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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GES

PROJECTS

4 Lenses Methodology

Internal External

Customer Insights

DiscontinuitiesOrthodoxies

Abilities

Step 2: Defining Ideas & Opportunities

Step 2: Defining Ideas & Opportunities

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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Inputs

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1st Validation

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GES

PROJECTS

From Ideas to Opportunities

22

Opportunity 1

Opportunity 2

Opportunity 3

Opportunity 4

Opportunity 5

Opportunity 8

Opportunity 7Opportunity 6

Opportunity 9

Challenge 6

Challenge 1

Challenge 2

Challenge 4

Challenge 5

Challenge 3

Clustering Opportunities

Step 3: Innovation Projects

Step 3: Innovation Projects

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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PROJECTS

Done!

Define the Innovation Team

Manager + Project Leaders

Conceptualize the Project/s

Business Model of the Project

Source: Alexander Osterwalder (http://alexosterwalder.com/)

Macroeconomics

Geopolitics

Natural disasters

Legal context

Trends

Tech change

Market disruptions

Environment

…/…

…/…

Key partners Customer Relationship

Customers

Channels

Costs Revenue

Key Activities

Key Resources

Value Proposition

Business Case

Consider Real Options (Milestones)!!!!

Step 4: Prototyping

Step 3: Innovation Projects

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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Inputs

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1st Validation

2nd Validation

3rd Validation

ExternalsExternals

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GES

PROJECTS

Done! Done!

PrototypingFor products

bicycledesign.net

Co-Creation

Rapid Prototypin

g

Design Thinking

Externals

Clients

Prototyping

For services

Interaction Line

Visible Actions of the Company – Contact points

Visibility Line

Non Visible Actions of the Company

Value Propositions for the Client

• ….• ….

• …• …

• … • …

• …

• …• …

Client Actions

Solution Developme

ntPurchase Use

Renovation

Replacement

Experience Map

Proof of Concept

Co-Create

Clients

Partners

Rapid Prototypin

g

Proof – Error – Proof – Error – Proof – Error

The best way to detect fastly a ‘false positive’

Step 4: Launch to Market

Step 4: Launch

IDEAS

Conceptualize•Business Model•Business Case•Viability

PROTOTYPE

VALIDATE

LAUNCH

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IMP

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NT

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º4

Inputs

Externals

1st Validation

2nd Validation

3rd Validation

ExternalsExternals

Externals

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ALL

EN

GES

PROJECTS

Done! Done! Done!

The ROI of Innovation

Check-List:•Total of initial ideas:

• % at each filtercada gate• Promoted ideas vs. Natural ideas• Idees x department

•Time:• Idea development• Time to merket• Time of each decision• Output

•Results:• % sellings from new products/services• % profits from new products/services• Number of new products launched x year

The ROI of Innovation

Dr Marc Ramis CastelltortCEO

Contact: mramis@tbinnovation.com

Fundación Ciudad Politécnica de la InnovaciónUniversidad Politécnica de ValenciaEdif. 8G, acc. A, 3ª planta46022 Valencia (Spain)

Thanks!!

Roc Fages RamióSenior Consultan

Contact: rfages@ltcproject.com

c/ Aribau 198, Pta Baixa08036-Barcelona